23 Year
2016 2017 2018 2019
Net income 42 268 499 45 122 963 53 555 405 54 005 118 Shares
1 239 656 591 1 239 656 591 1 239 656 591 1 239 656 591
Eps
649 070 609 961 5 838 520 13 467 811
Source zimbabwe stock exchange table 1.4 Failure Prediction:We used the Z score model in an effort to predict the possibility of failing in the next 2 years. The analysis is as shown below.
Z-Score =
1.2(๐๐จ๐ซ๐ค๐ข๐ง๐ ๐๐๐ฉ๐ข๐ญ๐๐ฅ
๐ป๐๐๐๐ ๐๐๐๐๐๐
)
+ 1.4(๐น๐๐๐๐๐๐๐
๐ฌ๐๐๐๐๐๐๐
๐ป๐๐๐๐ ๐๐๐๐๐๐
)
+ 3.3(๐๐๐๐
๐ป๐๐๐๐ ๐๐๐๐๐๐
)
+ 0.6(๐๐๐ซ๐ค๐๐ญ ๐ฏ๐๐ฅ๐ฎ๐ ๐จ๐ ๐๐ช๐ฎ๐ข๐ญ๐ฒ
๐ฉ๐๐๐ ๐๐๐๐ ๐๐ ๐๐๐๐๐ ๐๐๐๐๐๐๐๐๐๐๐
)
+ 1.0(๐๐๐ฅ๐๐ฌ
๐ป๐๐๐๐ ๐๐๐๐๐๐
)
=
1.2 (
โ28639118 96263298
) + 1.4 (
7936422 96263298
) + 3.3 (
1416608 96263298
) + 0.6 (
40240408 5602890
) + 1.0(
45122963 96263298
)
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